“airBaltic” Becomes World’s First Airline to Accept “BitCoin”

”airBaltic” Becomes World’s First Airline to Accept “‘Bitcoin”

Latvian national airline ”airBaltic” has become the world’s first airline to accept ”Bitcoin” as payment for the airline’s services. ”’airBaltic” has been ranked among TOP 10 most innovative airlines globally. Introducing the ”Bitcoin” payment option is a part of its innovative approach to service with a central focus on customers.
”airBaltic” accepts ”Bitcoin” as payment for tickets on its website www.airbaltic.com. The ticket prices on the website are displayed in euros. When ”airBaltic” customers pay for their flight, their ”Bitcoins” are converted into euros at the current exchange rate.
To make accepting ”Bitcoin” possible, ”airBaltic” teamed up with ”Bitpay”, a third-party payment processor that converts ”Bitcoins” into euros. The ”Bitcoin” payment option is available when purchasing the cheapest tickets, known as ”airBaltic Basic class”.
Photo: Publicity

Latvian Institute, 29.07.2014, Business

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